Northland Capmk Expects Reduced Earnings for Intellicheck

Intellicheck, Inc. (NYSE:IDN) – Analysts at Northland Capmk cut their FY2024 earnings per share (EPS) estimates for shares of Intellicheck in a research note issued on Thursday, November 14th. Northland Capmk analyst M. Grondahl now expects that the company will post earnings per share of ($0.10) for the year, down from their previous forecast of ($0.06). The consensus estimate for Intellicheck’s current full-year earnings is ($0.07) per share. Northland Capmk also issued estimates for Intellicheck’s Q4 2024 earnings at ($0.02) EPS and FY2025 earnings at ($0.08) EPS.

A number of other equities analysts have also recently commented on IDN. HC Wainwright reaffirmed a “buy” rating and set a $4.00 price target on shares of Intellicheck in a research note on Thursday, November 14th. DA Davidson lowered Intellicheck from a “buy” rating to a “neutral” rating and dropped their target price for the company from $5.00 to $2.00 in a research report on Friday, August 9th. Finally, StockNews.com downgraded Intellicheck from a “buy” rating to a “hold” rating in a report on Monday, August 12th.

Intellicheck Stock Up 0.8 %

IDN stock opened at $2.41 on Monday. Intellicheck has a twelve month low of $1.65 and a twelve month high of $4.46. The stock has a market capitalization of $47.07 million, a price-to-earnings ratio of -79.67 and a beta of 1.95. The firm’s fifty day simple moving average is $2.25 and its two-hundred day simple moving average is $2.74.

Hedge Funds Weigh In On Intellicheck

A number of institutional investors have recently modified their holdings of IDN. AIGH Capital Management LLC increased its stake in shares of Intellicheck by 16.8% during the second quarter. AIGH Capital Management LLC now owns 1,767,732 shares of the company’s stock valued at $6,046,000 after buying an additional 253,706 shares during the period. Hilltop Holdings Inc. bought a new position in Intellicheck during the 3rd quarter worth about $43,000. Dimensional Fund Advisors LP purchased a new position in Intellicheck during the 2nd quarter valued at about $47,000. B. Riley Wealth Advisors Inc. bought a new stake in shares of Intellicheck in the 1st quarter valued at about $43,000. Finally, Garden State Investment Advisory Services LLC lifted its position in shares of Intellicheck by 3.7% in the 3rd quarter. Garden State Investment Advisory Services LLC now owns 269,357 shares of the company’s stock worth $585,000 after purchasing an additional 9,500 shares during the period. 42.79% of the stock is owned by hedge funds and other institutional investors.

Intellicheck Company Profile

Intellicheck, Inc, a technology company, provides on-demand digital identity validation solutions for KYC, fraud, and age verification needs in North America. The company offers solutions for digital and physical identities for financial services, fintech companies, BNPL providers, e-commerce and retail commerce businesses, law enforcement, and government agencies.